Micron Technology had six patents in blockchain during Q4 2023. Micron Technology Inc’s patent filed in Q4 2023 relates to establishing a chain of ownership for a device by splitting ownership metadata, storing a portion in the device’s memory, and transmitting the rest to a blockchain ledger for secure storage. This process helps in establishing a secure and verifiable chain of ownership for the device. GlobalData’s report on Micron Technology gives a 360-degreee view of the company including its patenting strategy. Buy the report here.
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Micron Technology grant share with blockchain as a theme is 83% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Establishing a chain of ownership of a device (Patent ID: US20230394152A1)
The patent filed by Micron Technology Inc. describes a system for establishing a chain of ownership for a device using blockchain technology. The device determines ownership metadata based on ownership data, splits the metadata, stores a portion in its memory, and transmits the other portion to a server for storage in a blockchain ledger. By combining the stored metadata in the device's memory with the blockchain ledger data, a verifiable chain of ownership is established. The system allows for verification of ownership through requests to the server and ensures the integrity of the ownership data by detecting any modifications made to the metadata.
Furthermore, the system allows for the transfer of ownership by generating new ownership metadata for a new owner, splitting it, storing a portion in the device's memory, and transmitting the other portion to the server for blockchain ledger storage. The server plays a crucial role in verifying ownership data, combining metadata portions, and providing indications of verified ownership data to the device. The use of cryptographically protected exchanges between the device and the server ensures the security and authenticity of the ownership verification process, making it a reliable method for establishing and verifying a chain of ownership for a device.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
